Taxcharcha
Income TaxLatest

Draft rules on Angel tax provisions on consideration received from Non Resident investors by Closely Held Companies

The Central Board of Direct Taxes (CBDT) has published the Draft rules for valuation of unquoted equity shares. The said rules have been taken as an amendment to the Rule 11UA of the Income tax rules 1962. The said draft rules have been opened to suggestions / comments from the stakeholders as well as the general public by 5th June 2023 and the same can be send at the email address – ustpl2@nic.in.

To view and download the Draft rules, click here

Draft rules for valuation of unquoted equity shares

 

Related posts

Notification no. 27/2019 – Central Tax (Rate) – Increase in rate of woven and non woven bags and sacks of polyethylene or polypropylene strips used for packing of goods

Team Taxcharcha

MCA relaxes Additional fee for filing all LLP forms falling between 25th February 2022 to 31st May 2022 upto 30th June 2022

Team Taxcharcha

Clarification regarding GST rate on construction services provided to a Government entity in relation to construction such as Ropeway

Team Taxcharcha